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siniylev [52]
3 years ago
12

To compete in today's market, how often should firms focus on marketing planning so that managers and executives have the core i

nformation about progress toward relevant goals and metrics at their fingertips:___________
Business
1 answer:
OleMash [197]3 years ago
6 0

Answer: at all times

Explanation: To compete and stand out in today's market, there is need for proper marketing planning and this should be done AT ALL TIMES. This is because the more you plan, the more you discover new strategies of making your market stand out, the more your goals are attainable.

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The Assembly Department of One Roof, Inc., manufacturer of computers, incurred $300,000 in direct material costs and $70,000 in
Papessa [141]

Answer:

D) $116.67 per EUP

Explanation:

To find out the equivalent unit of production (EUP) for conversion costs we have to divide the total conversion costs by the equivalent units produced:

EUP conversion costs = $70,000 / 600 units = $116.67 per EUP

The EUP for direct materials would = total costs direct materials / equivalent units produced = $300,000 / 1,000 units = $300 per EUP

Both fully completed units and partially completed units are expressed in terms of equivalent units of production.

6 0
2 years ago
Larson, Inc. is an integrated marketing solutions company. Whenever a client comes to it wondering why a product was not welcome
iVinArrow [24]

Answer:

Defining the problem

Explanation:

In this scenario clients come to Larson Inc wondering why a product was not welcomed by its target audience or why customers have stopped buying another product.

According to Impiric a marketing solutions company the first step in marketing research process is defining the problem.

Why are products not being welcomed by their target audience?

This will give insight and help in formulating a solution to tackle the challenge

6 0
3 years ago
Do you believe the government would enact Martial Law? Why or why not?
Mademuasel [1]

Answer and Explanation:

Martial Law is a state in which a territory is occupied by a country's military forces to restore or impose order under certain emergencies. Some rights such as the right to free transit, speech, and protection could be suspended during the time the Martial Law lasts.  

Rumors of Martial Law arose in the U.S. as a result of the COVID-19 Coronavirus spread (2020). Quarantine has been declared worldwide and different countries have imposed Martial Law to control the number people infected by the disease but not particularly in the U.S. In most metropolis it would be necessary since the closest people live the highest the risk of infection but that is not the case of most states in the U.S. Therefore, it is unlikely a Martial Law will be enacted.

6 0
3 years ago
On July 1, 2020, Pearl Co. pays $13,620 to Martinez Insurance Co. for a 3-year insurance policy. Both companies have fiscal year
Sati [7]

Answer:

Explanation:

The journal entry is shown below:

1st July Debit Prepaid insurance $13620

Credit Cash $13620

31st December Debit Insurance expenses $2270

Credit Prepaid insurance $2270

Insurance expense was calculated as:

= $13620/3 years × 6months/12months

= $4540 × 1/2

= $2270

8 0
2 years ago
Sonic Inc. manufactures two models of speakers, Rumble and Thunder. Based on the following production and sales data for June, p
photoshop1234 [79]

Answer:

                                       SONIC INC.

                                     SALES BUDGET

                        FOR THE MONTH ENDING JUNE 30

Product and Area   Unit sales volume   Unit selling Price  Total sales

<u>Rumble</u>

Midwest Region           12,000                      $160                  $1,920,000

South Region                <u>14,000</u>                      $160                 <u>$2,240,000</u>

Total                              <u>26,000</u>                                               <u>$4,160,000</u>

<u>Thunder</u>

Midwest Region          3,500                         $200                  $700,000

South Region               <u>4,000</u>                        $200                   <u>$800,000</u>

Total                              <u>7,500</u>                                                    <u>$1,500,000</u>

Total Revenue from sales = $4,160,000  + 1,500,000 = 5,660,000

2.                                                SONIC INC.

                                      PRODUCTION BUDGET

                               FOR THE MONTH ENDING JUNE 30

                                                      UNITS RUMBLE       UNITS THUNDER

Expected unit to be sold                  26,000                           7,500

Add: Desired Inventory June 30      <u>  500 </u>                             <u> 250</u>

Total                                                   26,500                            7,750

Less: Estimated Inventory June 1     <u>   750  </u>                           <u>  300</u>

Total units to be produced              <u> 25,750</u>                          <u> 7,450</u>

7 0
3 years ago
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